DXY

The classic Dollar Index followed a profile that compensated for its losses this week by doing the exact opposite of the negative pricing behavior it had last week. The fluctuations in main indicator items such as Growth, Employment and especially Inflation provide instant revisions in expectations for banks. In light of recent developments, the Dollar Index accepted the bottom point of the uptrend (103.90) as the bottom and reached the 100-day average (104.80) and is trying to find confirmation for its current rise. Theoretically, the 100-day average / Psychologically, the level of 105 is an area that should be followed carefully before the critical ECB and Fed meetings of the index. The level of 104,600 can be followed in intraday downward movements. If this level is broken, the supports at 104,860, 104,510 and 104,190 may become important. In case of possible increases, the resistance levels at 105,000, 105,180 and 105,470 will be monitored. Support: 104,860-104,510 Resistance: 105,000-105,180